Its chip is going to be full steam, says the company

AI chipmaker Nvidia has reported a net profit of $1 billion for the fourth quarter of 2020, up from $91 million in the year-ago period. The company’s revenue rose 94% to $35.1 billion, beating analysts’ estimates of $33.2 billion. Chief Executive Patrick Moorhead said, “I’m proud of our team and the impact we have had on our customers and the world.”